On June 23, 2014, the Ministry of Finance issued the Circular No. 80/2014/TT-BTC amending and supplementing the Ministry of Finance’s Circular No. 111/2012/TT-BTC of July 4, 2012, promulgating the list of commodities and their import duty rates for application of tariff quotas.
Accordingly, from August 07, the over-quota import duty rates of un-manufactured tobacco and tobacco refuse of Burley is 80%. And the remained un-manufactured tobacco tobacco refuse shall be applied the current over-quota import duty rates. In particular, the over-quota import duty rates of Tobacco, not stemmed/stripped or tobacco, partly or wholly stemmed/stripped, the Virginia type, flue-cured is 80% and the Virginia type, not flue-cured is 90%. The over-quota import duty rates of tobacco refuse for tobacco stems and others are in turn 80% and 90%.
This Circular takes effect on August 07, 2014.
